Btcusdlong
Bitcoin and rest of the market in accumulationHi guys lots of mixed signals going around the market at the moment ,which generally indicates big investors wanting to buy in at a cheap price
as it shows we have already hit the bear market bottom and through some TA and FA we can make a call that our position is long
-RSI has a hit a strong oversold region and is also indicating a strong bullish divergence in the 4 monthly
-Market cap has hit the top of the 2018 market and therefore the bottom cap for the 2022 of 850bil
-Overall volume is indicative of Huge amounts of oversells leaving bears liable for long positions within 4-8 month positions
overall expect all short positions in the next 6 months to get absolutely lit up current volume depth is growing
alt market will be prime for yearly long positions entrys right now with most coins being able to 4-8x within the next bull market.
Bitcoin Monthly Bullish AnticipationThe Bearish nature of Bitcoin is soon coming to and end.
It is anticipated that the fall of Bitcoin is to purposely fill a Fair Value Gap (FVG) found around the price range of $12,000 - $16,000.
If price is able to fill the FVG successfully, it is anticipated to rally to the upside to fill upside FVGs and clear upside liquidity.
And in doing so, price may probably form new highs eventually.
BTC/USD LONGTrading suggestion:
As I told you in the previous analysis, that correction was necessary for the BTC trend but now I think we are at the end of the correction and after a little range we will see the slow long trend
Don't be rushed and let it rest while the bullish trend gonna beginning .
Trade for long time :
Entry 1 : Around 20k
Set order Entry2 : Around16k
Take Profits:
TP1= 27780
TP2= 35160
TP3= 42500
TP4= 52400
TP5=100k
SL= Break below 12k
Thanks for your attention 🙏!
Trade well, ❤️
Good luck and be profitable ❤️
Bitcoin Stay Calm- i know some of my fellows traders went Long few days ago and i want to congratulate them !
- So if u went in around 19k+, you had already a great deal.
- Now if you didn't board the first train. i suggest you to wait.
- i don't show any indicators to keep the chart clean.
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Trading Parts
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- we are reaching a particular zone, so be cautious ( bears or bulls same )
- Nothing to Trade between 20800 - 21150 and under those zones, just wait and stay spectator.
Buy Zone : 21,150++ (DCA)
TP1 : 22,500
TP2 : 24,900
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Happy Tr4Ding !
Bearish Bitcoin Formations So FarWhen you just look back and connect the dots, it is easier to understand clearly how the Bitcoin falls since the Double Top formation. Bitcoin felt by drawing the following formations:
1-) The Big Formation with the Double Top.
2-) Bearish Flag
3-) Bearish Flag
4-) Descending Triangle (Still on progress, Re-testing)
This is my Educational Post, not a financial advice.
Bitcoin - Death and GloryHello,
this is an Update to my last two Bitcoin ideas.
1.
2.
So far Bitcoin followed the way as shown in these ideas and i am currently looking for Short opportunities for the next leg down.
Short explanation as mentioned in the last two ideas.
Bitcoin price moves similiar to the 2017/2018 swing:
- Orange circle: Generate a top
- Downbreak to the 50% Fib (Blue circle)
- Red circle: Take out resistance that was generated by around that top / stopped the uptrend
- Downfall to the 23% Fib (orange rectangle) and genrate a Swing (but no break in MS)
- Retesting orange rectangle a few times and downfall
- Downbreak to the 50% Fib
So whats next: To consider a short i would want the weekly close below the orange level aiming for the Green rectangle.
I will buy Bitcoin at the Support level (green rectangle) or on a reclaim and S/R flip of 23k level.
If Bitcoin breaks down to the green rectangle we should see a long low-volume period followed by a retest of 50% - 61% FIb level. Retest again of the green rectangle and start of the next bull cycle. Time wise it could start around Bitcoin havling 2024.
So to recap my plans:
1. I only buy / long on the green rectangle or on a reclaim of 23k
2. Looking for shorts if we see a weekly close/open below the orange rectangle.
Good luck
Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
BTC USD price prediction on 2023 - 2024Hello everyone!
BTC/USD - accurately
predicting strong uptrend
tendency on 2023 - 2024 yy
Min price target - 30 000$
Middle price target 40 000$
Max price target 45 000$
Attention!!!
Do not in any way take this analysis for practical use in trading or investment purposes.
This is only a subjective assessment of the future for this financial instrument!
Trading is always a Risk!
Kind regards, Team Traders "PowerfulTraders"
Btc updateBtc in down trend , but iam aware of that could be also a bullish descending pattern .
Let me explain , when we have same of this channel i think buy is better than selling .
Ill buy at 14500 to much btc .
I think we are in the bottom now , i dont think we will go more lower than 14,500
GOOD LUCK